The global potash market has limited activity and prices have stabilized at the end of the year. In view of the gradual increase in the supply of new potash, demand in most markets is good, and producers are optimistic about sales in the first quarter.
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\nThe Southeast Asian market is still the focus of attention of suppliers, crude oil prices continue to be weak, and buyers have always maintained a wait-and-see attitude. Despite this, the local potash price did not fall accordingly, and the CIF price continued to fall at 290-315 US dollars (ton price, the same below).
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\nDue to the limited willingness of buyers to purchase, the wholesale price of Chinese ports has weakened, while the contract volume of overseas producers has increased. Chinese compound fertilizer producers have limited demand and are maintaining low operating rates in an attempt to clean up excess inventory. The wholesale price of ports in the first quarter of this year may continue to decline, as contract purchases are expected to rise further.<\/p>\n
According to foreign media reports, the Brazilian potash market was in a state of seasonal stagnation last week, and the price of granulated potash was maintained at 350-355 US dollars. Due to the decline in the global sea freight rate, the offshore assessment price of potassium fertilizer has rebounded slightly, and the price of standard potassium fertilizer and granular potassium fertilizer in the Baltic Sea have increased slightly.<\/p>\n
German Potash Company (K+S) said that after the recent rains, the company’s Kura plant (Werra)’s potash production is further improving, and it is expected that there will be no interruption in the first quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"